IPO
Maxi-Cash - Pawnshops - Catalist Listing
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wah.. u like tio.. so hapi.. lol
.380 Cents. UP!
STAG!!!! This baby defy gravity from the major fall.... Is that a bird! Is that a plane! No! Its SUPERMAN.... UP UP TO THE SKY.....
NOW, .375 CENTS
SHOOT UPPPPPPPPPP!!!!!! .385 Highest
damm hard. q n see how only.. lol
teeth53 ( Date: 22-Jun-2012 09:33) Posted:
It a good opening, those players who had traded from 0.35 to 0.37, hope can get some kopi money, next lvl is 0.385 to 0.395 cts.
dowcog ( Date: 22-Jun-2012 09:24) Posted:
same here.. bo tio...
really congrats those lucky get it ones.. |
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Hit lvl 0.385 on short notice....
| Last one-0.380 |
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Vol-23,505,000 |
533,000 |
0.375 |
0.380 |
It a good opening, those players who had traded from 0.35 to 0.37, hope can get some kopi money, next lvl is 0.385 to 0.395 cts.
dowcog ( Date: 22-Jun-2012 09:24) Posted:
same here.. bo tio...
really congrats those lucky get it ones.. |
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"
Verdict for Maxi-Cash = "
STAG" - Vote: 2/2
"
Yours is as good, if not a confirmation....to today opening...Happi Trading to all.
sanuks ( Date: 20-Jun-2012 23:18) Posted:
Hey! Teeth53 so good to see you here. Forumite xing78 wants to know if there is any taker... I knew you will be one of the IPO chap here.
Hope you HUAT big time with this....
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same here.. bo tio...
really congrats those lucky get it ones..
Bi Tio lehh.....congra..those lucky IPO winner.
sanuks ( Date: 21-Jun-2012 00:05) Posted:
keep your fingers crossed
teeth53 ( Date: 20-Jun-2012 23:59) Posted:
| Info notice giving to try oni at ATM. Don know got luck or not? congra....Good to STAG. |
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STAG....:) Got kopi money even with one lot. Opening at 0.35 cents...Happi Tading.
Now going 0.370 cts...keep going, run on good ground. Volume trading is oso as good..
STAG!!!!!!!!!!!!!!! 
Starlene, its drop below .26 and
not .30
starlene ( Date: 21-Jun-2012 23:00) Posted:
| Expect 35-38cts the most after that may drop below 30cts like GPH....Mr Koh may not support liao once get listed...but if dropped low enough he will come in again..recently he bought Aspial shares under the change of major shareholders ..reported |
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Which brother are you referring to??
I think last Thursday and Friday, both Mr Koh Wee Meng and wife bought 10 Million shares of GP Hotels. woo hoo .....
starlene ( Date: 21-Jun-2012 23:00) Posted:
| Expect 35-38cts the most after that may drop below 30cts like GPH....Mr Koh may not support liao once get listed...but if dropped low enough he will come in again..recently he bought Aspial shares under the change of major shareholders ..reported |
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Expect 35-38cts the most after that may drop below 30cts like GPH....Mr Koh may not support liao once get listed...but if dropped low enough he will come in again..recently he bought Aspial shares under the change of major shareholders ..reported
Maxi-Cash's IPO 4.3 times subscribed
Maxi-Cash Financial Services Corporation, the provider of financial
services in the form of pawnbroking and the retail and trading
of
second-hand jewellery and watches, today announced that its Initial
Public Offering (IPO) of 56 million invitation shares at $0.30
each was
4.3 times subscribed. The invitation shares comprised 2.25 million offer
shares to the public for subscription and 53.75 million
placement
shares. Trading of Maxi-Cash’s shares on Catalist will start at 9 am
tomorrow.
MISCELLANEOUS :: BALLOTING RESULTS
Announcement no 93: MAXI-CASH FIN SVCS CORP LTD
Balloting_Results.pdf
Invitation in respect of 56,000,000 New Shares comprising:
(a) 2,250,000 Offer Shares at S$0.30 each by way of public offer and
(b) 53,750,000 Placement Shares at S$0.30 each by way of placement, payable in full on application.
APPLICATION RESULTS
The Board of Directors of
close of the Application List at 12.00 noon on 20 June 2012, there were 2,223 valid applications for the 2,250,000 Offer Shares available to
the public for subscription. In total, these applicants applied for an aggregate of 199,130,000 Offer Shares, with application monies received
amounting to approximately S$ 59.7 million. 53,320,000 Placement Shares have been validly subscribed for and application monies received for
these Placement Shares amounted to approximately S$16.0 million. Based on the total Invitation size of 56,000,000 New Shares and the total
valid applications amounting to 241,450,000 New Shares (comprising valid applications received for 199,130,000 Offer Shares and 42,320,000
Placement Shares, excluding subscriptions by persons mentioned in Rule 428 of the Singapore Exchange Securities Trading Limited (“SGXST”)
Listing Manual Section B: Rules of Catalist (“Catalist Rules”) as shown below), the Invitation was approximately 4.3 times subscribed.
To ensure a reasonable spread of shareholders, the Board of Directors of the Company, in consultation with Canaccord Genuity Singapore
Pte. Ltd. (the “Sponsor” or “Canaccord Genuity”), has decided on the following basis of allotment for the Offer Shares:
MAXI-CASH FINANCIAL SERVICES CORPORATION LTD (the “Company”) is pleased to announce that, as at the
No. of Offer Shares Percentage of Total. Range of Offer Shares Allotted per No. of Offer Shares No. of Successful Applied for Balloting Ratio Successful Applicant Available to the Public Applicants (’000) (’000) (%)
1 to 9 - 38 : 88 - (1lot) 8.47% pax - 227
10 to 49 - 28 : 88 (2lots) 20.52% pax 275
50 to 99 - 28 : 88 (3lots) 8.06% pax - 72
100 to 499 - 28 : 88 (6lots) 36.04% pax - 161
500 to 999 - 28 : 88 (18lots) 14.78% pax - 22
1,000 and above 18 : 88 (25lots) 12.13% pax - 13
thks
.. let's all huat together... lol
sanuks ( Date: 20-Jun-2012 23:26) Posted:
| Good Good ... the more the merrier.... good luck dowcog, hope you are allotted .... Chiong and Huat ar!!!!!
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Blog - http://singapore-ipos.blogspot.sg/2012/06/maxi-cash-financial-services.html
Maxi-Cash Financial Services Corporation Ltd
Maxi-Cash
Financial Services Corporation Ltd (" Maxi-Cash" or " Company" ) is issuing
56m new shares of which 2.25m are for the public and the 53.75m for
placement at $0.30 each. Maxi-Cash is basically in the pawn broking
business and as of May 12, it has pawnshops in 24 locations in
Singapore. Maxi-Cash is wholly owned by Aspial, a listed company on SGX
and retails under the brand of Aspial and Lee-Wah.
The NTA
per share post-IPO is S$0.203 and the market cap is S$88.8m. The IPO
will close on 20 Jun 2012 at 12pm. The revenue for 2011 was $87.7m and
the net profit was $3.1m. The Company intends to distribute at least
60% of their net profits attributable to shareholders for 2012.
I never
imagine pawn-business can actually be listed as it was once considered a
'sunset' industry. The image was 'glamorized' only in recent years by
the use of actors and actresses in the advertising campaign and after
the casino business is legalized. The financial statements indicate a
low 3.6% operating margins and that is common for this industry. In
additional the revenue drivers are the sale of pre-owned jewellery and
watches. This source of revenue are mainly derived from customers who
were unable to redeem the stuff that they have pawned after a period of
time. While it provides liquidity to people who are usually unable to
borrow from the banks, it also seem to take advantage of the plight of
these people. I am not a fan of such business model and will give it a
miss.
Based on
the fully diluted EPS of 1.1 Singapore cents, the Company is listing at a
historical PER of 27x. It could be interesting to find out if the
business is directly correlated to the profitability of Genting
Singapore!
keep your fingers crossed
teeth53 ( Date: 20-Jun-2012 23:59) Posted:
| Info notice giving to try oni at ATM. Don know got luck or not? congra....Good to STAG. |
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